Godrej Consumer Q4 net rises to Rs 30.16 cr, 4th interim @ Rs 5/-

Mumbai, Apr 26 (UNI) Godrej Consumer Products Ltd has posted a net profit of Rs 30.16 crore for the quarter ended March 31, 2006 as compared to Rs 28.82 crore for the quarter ended March 31, 2005.

Announcing the results, the company said its Total Income (net of excise) has increased from Rs 143.96 crore in Q4 FY 04-05 to Rs 164.78 crore for Q4 FY 05-06.

It has posted a net profit of Rs 121.20 crore for the year ended March 31, 2006 (FY 05-06) as compared to Rs 89.59 crore for the year ended March 31, 2005 (FY 04-05). Total Income (net of excise) has increased from Rs 569.08 crore in FY 04-05 to Rs 665.98 crore for FY 05-06.

As per the Consolidated results, the Group has posted a net profit of Rs 30.59 crore for the quarter ended March 31, 2006. Total Income (net of excise) is Rs 192.18 crore for Q4 FY 05-06.

The Board has declared a fourth interim dividend @ Rs 5/- per share (125% on the shares of the face value of Rs 4/- each) for the financial year 2005-06. Further, it said that the four interim dividends pertaining to the financial year 2005-06 declared by the Board of Directors in their meetings held on July 22, 2005, October 21, 2005, January 21, 2006 and April 26, 2006 and aggregating to Rs 14/- per share (350 per cent on the shares of the face value of Rs 4 each) be declared as final dividend for the year ended March 31, 2006.

The Board has appointed Mr. Aman Mehta as an additional director, to hold office till the ensuing Annual General Meeting to be held on July 20, 2006.

Commenting on the results, Mr. Adi Godrej, Chairman and Managing Director of the Company, said, ''Our robust business performance is a result healthy demand stimulation across both our business segments as well significant enhancement in supply chain efficiencies. The acquisition of Keyline Brands has given us access to several geographies as well as some strong brands and trademarks.

Going forward we are aggressively pursuing organic and inorganic growth opportunities consistent with our EVA focus. The macro environment too is encouraging with increasing spend being witnessed by both urban and rural consumers. I remain confident of GCPL continuing to deliver strong growth and stakeholder value.'' UNI SN ADG AG1715